Waterleaf May have distressed properties but....

Posted by Howard Flaschen on Friday, March 11th, 2011 at 11:49am.

That Only Means it's a Terrific Opportunity

to own a home in a terrific community on Jacksonville's Southside

Jacksonville, FL - Waterleaf was one of those communities that rode the bubble up to the point of homes being soldwaterleaf_600 for over $400,000 and now have seen those valuations cut in half or more in some cases. This is a horrible horrible thing for many of the people who bought homes at the top or near it. There is nothing good about that and I feel terrible for the valuations that had sucked us all in (I live in the community myself). Nowadays, those McMansions are being sold for nearer the $200K mark than the $400K mark.

What hasn't changed is that this community, Waterleaf, is in a tremendous location and provides its owners with an amazing opportunity to own in a great area, a terrific community, at a great time in the communities life story. The community recently took over ownership of the HOA and changed management companies resulting in huge savings to the community to the point that additional amenities are being considered.

The community has been able to tap the collective expertise of its owners to find that there are marketers, engineers, former servicemen and women, attorneys and more all working together to make the community a shining light. With monthly meetings and an elementary school being built literally on the edge of the community there is a lot to be thankful for, in owning in Waterleaf. In addition to being a great community to live in you also have the added benefit of not having to pay CDD fees which is truly a nice break on the wallet.

Waterleaf, in the intracoastal west/southside area of North Florida is a great spot to consider buying a new home.

The community pool, playground, and basketball courts have been fun filled for years and are still in spectacular shape. The community is vibrant, filled with life, and bustling and an opportunity for potential homeowners.


Howard Flaschen




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